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The Gaza Reconstruction Plan adopts the Egyptian version, requiring $53 billion and will take five years.

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Arab leaders have decided to adopt the Gaza reconstruction plan developed by Egypt. The plan costs $53 billion and does not require forcibly resettling Palestinians to other countries, excluding U.S. President Trump's recent idea of turning Gaza into a resort destination.

The Gaza reconstruction plan follows Egypt's five-year, $53 billion proposal, which guarantees that the 2.4 million Gaza residents can stay on their own land and excludes Hamas from participating in post-war governance.

Arab League Secretary-General Ahmed Aboul Gheit stated, "This declaration also calls for the Security Council to deploy peacekeeping forces to ensure the security of both the West Bank and Gaza, which is an important move for peace and protection." UN Secretary-General António Guterres emphasized, "The UN is ready to fully cooperate on Egypt's Gaza reconstruction plan."

The Palestinian Islamist organization Hamas issued a statement expressing support for Egypt's plan. Israel, on the other hand, criticized the reconstruction plan as outdated and unrealistic, arguing that it completely ignores Hamas's brutal terrorist attacks, which have resulted in the deaths of thousands of Israelis and the abduction of hundreds.

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Canada Strikes Back at Trump, Imposes 25% Retaliatory Tariff on U.S. Imports

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U.S. President Donald Trump announced that starting from March 4, a 25% tariff will be imposed on imports from Canada and Mexico. In response, Canada immediately took countermeasures. Prime Minister Justin Trudeau announced that Canada would impose a 25% tariff on U.S. imports worth $107 billion.

Trudeau stated that Canada's tariff measures will remain in place until the U.S. withdrawal of its tariff actions. If the U.S. continues its tariff imposition, Canada will not only maintain the tariffs but also actively discuss with Canadian provinces to implement several "non-tariff measures."

The Prime Minister’s office indicated that Trump's tariff threats against Canada and other countries have posed a serious challenge to bilateral trade relations. The Canadian government cannot accept such unilateral and unfair trade policies and has decided to take decisive action to protect the rights of domestic businesses and workers.

The retaliatory tariff measures will cover steel and aluminum products, agricultural products, home appliances, and specific consumer goods, with the total import value amounting to billions of Canadian dollars. Canada's Minister of Trade stated at a press conference: "We do not seek trade conflict, but in the face of unfair trade policies, the Canadian government has no choice but to take firm countermeasures to ensure that the rights of Canadian businesses and workers are protected."

Canada emphasized that the U.S.-Canada trade relationship has always been close and mutually beneficial, with total trade between the two nations exceeding CAD 700 billion annually. Tariff barriers would lead to a lose-lose situation for both economies. The Canadian government urged the U.S. to reconsider its tariff policy and resolve trade disputes through dialogue and cooperation.

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Canadians Protest Trump's '51 States' Remark; Poll Shows 27% See U.S. as an Enemy

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More than 100 Canadians gathered in Vancouver to protest U.S. President Donald Trump’s threat to make Canada the 51st state and his pressure to impose a 25% high tariff, chanting slogans to defend Canadian sovereignty. A poll shows that 27% of Canadians consider the U.S. an "enemy," highlighting tensions in Canada-U.S. relations. Protesters criticized Trump for violating democratic values and urged citizens to support Canadian products and avoid traveling to the U.S.

At the protest held on the afternoon of the 2nd at Vancouver Art Gallery Square, demonstrators dressed in red and white to express their love and support for Canada. The event began with an 11-year-old Indigenous child, Riley Leo, singing to honor Indigenous peoples and their land, followed by a group performance of Canada’s national anthem. The crowd chanted, "Protect Canada – Defend Democracy, Say No to the 51st State."

Canadian MP Bonita Zarillo stated that Trump’s suggestion of exchanging minerals for peace in Ukraine was shocking and reflected his intent to exploit Canada’s natural resources. MP Jenny Kwan emphasized that sovereignty must not be violated, urging citizens to buy Canadian products and refrain from traveling to the U.S.

The protest was organized by the Vancouver Society in Support of Democratic Movements (VSSDM) and the Global Pinoy Diaspora Canada. Former VSSDM chair Mabel Lee reaffirmed the organization’s commitment to defending democracy, human rights, and freedom. Treenee Lopez, chair of the Global Pinoy Diaspora Canada, accused Trump of disregarding justice, aligning himself with Russian President Vladimir Putin, and criticized billionaire Elon Musk for meddling in politics.

On March 3, Canadian Prime Minister Justin Trudeau is set to discuss the defense of Canada’s sovereignty with King Charles III. Trudeau emphasized that nothing is more important than preserving national sovereignty and independence.According to a Leger poll, 27% of Canadians view the U.S. as an "enemy," 30% see the U.S. as an "ally," while 27% remain "neutral" toward the U.S.

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European Leaders' London Summit Backs Ukraine, Aims to Strengthen Support

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A dozen European heads of state, along with senior EU and NATO officials, recently held an emergency summit in London on the 2nd. The summit focused on post-war arrangements for Ukraine, reaffirming Europe's strong support for the country.

With Trump taking office, the U.S. stance on Ukraine has shifted 180 degrees, but European leaders have pledged unwavering support for Ukraine. Growing concerns have emerged that Trump may overlook Ukraine’s interests in negotiations with Russia. In response, Ukraine’s allies have emphasized their steadfast commitment. European leaders are now working on a European-led peace plan for Ukraine before consulting with the U.S.

After Ukrainian President Volodymyr Zelensky's tense and unproductive White House meeting with U.S. President Trump, over a dozen European leaders gathered in London for crisis talks. The discussions aimed to strengthen security cooperation and reinforce support for Ukraine. Zelensky was also invited to participate in the summit.

The summit resulted in four key agreements, as outlined by British Prime Minister Keir Starmer. First, European nations will continue providing military aid to Ukraine, exert economic pressure on Russia, and support Ukraine financially. Second, any lasting peace must guarantee Ukraine’s sovereignty, and negotiations must address Ukraine’s security. Third, the U.S. has sidelined Europe and Ukraine from international political arrangements affecting their interests, leading European leaders to view the U.S. as an unreliable partner.

There is growing concern over whether the U.S. will continue its support for NATO. European leaders agree that they can no longer depend on the U.S. and must strengthen their own defense capabilities to face future challenges. Therefore, the London summit also included discussions on the need for enhanced European defense cooperation.

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Zelensky and Trump’s White House Meeting Ends Badly, Shocking the World

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On the 1st, Ukrainian President Volodymyr Zelensky arrived at the White House to meet with U.S. President Donald Trump. However, their public meeting quickly turned into a heated exchange, ending on a sour note. The planned mineral agreement between the two nations was subsequently scrapped, sending shockwaves across the globe.

According to international reports, Zelensky was welcomed at the White House, where he met with Trump, Vice President JD Vance, and other officials. Initially, the atmosphere appeared cordial in front of the cameras, but tensions escalated about 40 minutes in when a journalist questioned Trump’s perceived pro-Russia stance. Vance suggested that diplomacy might be the best way to resolve the issue, which infuriated Zelensky. He countered by accusing Russia of repeatedly violating diplomatic agreements, causing the discussion to become increasingly confrontational.

Vance then fired back, criticizing Zelensky for allegedly disrespecting the U.S. president and pointing out Ukraine’s military struggles. He also expressed frustration that Zelensky had never explicitly thanked the U.S. for its aid and accused him of indirectly supporting Trump’s Democratic rivals. Trump joined in, warning that Zelensky was risking a third world war and had no more leverage left. He further stated that without U.S. support, Zelensky’s position would be untenable. The argument intensified, with both sides exchanging heated remarks until the meeting abruptly ended, and Zelensky left the conference room.

Shortly afterward, Trump took to his Truth Social platform, declaring that Zelensky had shown a lack of respect for the U.S. and was not ready for peace. The White House then announced the cancellation of the bilateral signing ceremony for the mineral resources agreement, as well as the scheduled press conference. Meanwhile, media captured telling reactions from officials, including Ukrainian Ambassador to the U.S. Oksana Markarova, who was seen frowning, shaking her head, and covering her face, as well as Secretary of State Marco Rubio, who appeared visibly stunned—highlighting the shock among high-ranking officials over the dispute.

In a later interview with Fox News, Zelensky insisted that relations with the U.S. remained salvageable. He also took to social media, stating that Ukraine was "ready to sign the mineral agreement" while continuing to call for security assurances from the U.S. However, the fallout from the meeting left relations strained in the short term. In response, several European leaders voiced strong support for Ukraine, including Polish Prime Minister Donald Tusk and British Prime Minister Keir Starmer. Zelensky subsequently traveled to the UK for talks with Starmer and is expected to attend a security summit on the 6th, organized by Britain, in hopes of finding a resolution to the ongoing conflict.

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UK Prime Minister Keir Starmer Visits the US and Delivers a Letter from King Charles III Inviting President Trump for a State Visit

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UK Prime Minister Keir Starmer visited the White House on February 27, where he met with US President Donald Trump. During the meeting, he delivered a handwritten letter from King Charles III, inviting Trump to the UK for a state visit. After reading the letter, Trump expressed his honor at the invitation and immediately accepted the offer to visit the UK. Following their meeting, both leaders held a joint press conference, where they stated that their discussions had focused on trade and the war in Ukraine.

During the talks, Starmer emphasized that to achieve lasting peace after a ceasefire between Russia and Ukraine, the UK would send troops and collaborate with allies. He also mentioned that 18 countries would soon be invited to further discussions on the matter. However, he noted that without US support, Ukraine would not achieve lasting peace. Trump did not respond directly about whether the US would continue to support a peacekeeping force led by the UK and France, but he expressed hope that a peace agreement to end the war in Ukraine could be reached soon. He also stated that if a peace agreement were made, he believed Russia would adhere to it and refrain from further invading Ukraine.

On the trade front, the total bilateral investment between the US and the UK has reached $1.5 trillion (approximately NT$49.3 trillion), which has created over 2.5 million jobs. The two countries are also leaders in areas such as artificial intelligence (AI), and both will work together to develop a new economic agreement focused on advanced technology. Trump noted that with the efforts of Vice President JD Vance and Treasury Secretary Scott Kenneth Homer Bessent, the US and UK should be able to sign a trade agreement soon, with the UK potentially enjoying tariff exemptions.

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Trump Administration Proposes New Policy to Address Egg Shortage Crisis

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According to media reports, egg prices in the U.S. have continued to soar, reaching a historic high of $5 per dozen in January. The primary cause is the effort to contain the spread of avian influenza, with over 35 million egg-laying hens being culled this year. The Trump administration has announced it will invest an additional $1 billion to help farmers combat the avian flu outbreak and bring down the persistently high egg prices.

The report notes that, before the avian flu, the U.S. produced an average of 7.5 billion eggs annually. However, since the outbreak of avian flu in 2022, 140 million egg-laying hens have been culled, leading to rising egg prices. The price of a dozen eggs was only $1.47 in 2021, but by January, it had risen to $5, a 237% increase.

The report also mentioned that U.S. Secretary of Agriculture Brooke L. Rollins announced on the 26th that $1 billion will be allocated to address the egg shortage. This includes $500 million for biosecurity measures, $400 million for financial relief to affected farmers, $100 million for vaccine research, and policies to temporarily allow the import of foreign eggs.

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Chile's Massive Power Outage Causes Traffic Chaos and State of Emergency Declared

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On the afternoon of the 25th, Chile experienced an unexpected widespread power outage, affecting 14 of the country's 16 regions, including the capital, Santiago. The government immediately declared a state of emergency, and curfews were imposed in most areas. Chile's Interior Minister, Carolina Toha, stated that the outage was caused by a fault in the northern transmission and distribution lines, and ruled out the possibility of a cyber attack.

The power failure led to a complete disruption of internet and mobile phone services, and water supply was also affected. Medical facilities, prisons, and government departments were forced to rely on emergency generators to maintain basic operations. As the world's largest copper producer, Chile's mining industry was heavily impacted, with disruptions spanning from the northern mining regions to the central and southern areas where most of the country's population resides. Operations at major copper mines were also affected.

Juan Carlos Olmedo, president of Chile's National Electrical Coordinator, stated that the interruption of a high-voltage transmission line, which carries electricity from the north to the capital in the center, led to power overloads and factory shutdowns, eventually causing the large-scale blackout that impacted 90% of the population.

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Trump: Tariffs on Canada and Mexico to be Imposed as Scheduled

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On February 24, U.S. President Donald Trump stated during a press conference with French President Emmanuel Macron that tariffs of 25% would be imposed on Canada and Mexico starting March 4, emphasizing that reciprocal tariff measures would be quickly implemented.

The U.S. Department of Commerce is calculating tariff rates for other countries and considering trade barriers on imports. In addition to this news, Trump's plans to impose stricter semiconductor controls on China have triggered a global stock market decline in AI stocks. The five major Taiwanese AI companies with factories in Mexico saw their market value drop by over NT$161.9 billion in a single day.

A U.S. official revealed that the 25% tariffs on Canada and Mexico might be delayed until April. Trump has already imposed a 10% tariff on Chinese imports and plans to impose tariffs on steel and aluminum products in March. Economists warn that these tariff measures could drive up prices, making income expectations difficult to meet.

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Germany's Conservative Alliance Returns to Power: Merz Begins Forming Coalition Government

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Germany’s conservative alliance (CDU/CSU) won the federal election on the 23rd, while the Sahra Wagenknecht Alliance (BSW) failed to pass the 5% threshold required for parliamentary representation. This outcome increases the likelihood of a coalition government between the CDU/CSU and the Social Democratic Party (SPD). However, deep policy divisions between the two parties, along with CDU leader Friedrich Merz’s relentless attacks on the ruling SPD during the campaign, have made coalition negotiations highly challenging.

According to public broadcaster ARD's projections, Merz's CDU/CSU secured 28.8% of the vote, making it the largest party. The far-right Alternative for Germany (AfD) achieved its best result in history with 20.2%, ranking second. Meanwhile, Chancellor Olaf Scholz’s SPD suffered a severe defeat, receiving only 16.2%—its worst performance since World War II.

Merz's CDU/CSU and the SPD face difficulties in forming a coalition due to disagreements on immigration, fiscal policy, and other key issues. Merz had previously launched fierce criticisms against the SPD and endorsed AfD-backed proposals to tighten immigration, angering the Social Democrats. This move was seen as a breach of Germany’s political “firewall” against far-right cooperation. Nonetheless, internal opposition within the SPD could help facilitate negotiations, with expectations that the coalition government will be finalized by late April.